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Nationwide massively downvalued my house?
Hi all, I'm currently going through an application with Nationwide for a remortgage and had a house valuation done which came out at £150k. I was expecting £140k as that was around the amount suggested on zoopla etc. They spent about 2 weeks on it and referred it back to the valuer and have come back saying it's now valued…
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Remortgaging, should we do a single application
My DH and I are coming to the end of our 5 year fix (4.89) and need to re-mortgage. My DH earns four times more than I, however I've credit card debts of £14k, he has no debt at all. In the last 2 years I've also had to reduced from working full time to part time which is why my debt remains higher than I'd intended. I've…
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Help to Buy question
Hi All, I have a question on help to buy and can't seem to find an answer. Is help to buy available on ALL new builds or just from certain developers? I say this because I like a new build development (4 homes) which is being built by a local builder as opposed to a big developer. Would help to buy be available regardless…
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Precise mortgages declined due to affordability
Hello everyone, Just new to this but would like some advise, I submitted a application for a mortgage with precise mortgages due to my credit history, I had someone take out a loan in my name and a guarantor aswell. My girlfriends credit history is perfect. Only 2 fiance on cars one settled last year and got a newer car on…
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Finance prior to mortgage completion?
Hi We are due to Complete in June, and we want to get our sofas on a 0% finance deal from DFS. We would be wanting to do this soon due to lead times of manufacturing the sofa. My question is, will this affect out mortgage at all? I am worried that it may... We are just about to complete our mortgage application with…
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mortgage with parents
hi, Im a single full time working mum and would like to buy my own place. i do have a fairly healthy deposit but currently rent. Unfortunatly i dont have a very good credit score so think getting a decent enough mortgage would be difficult. I've heard from a friend about getting a mortgage with parents, who are still both…
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FTB Advice Needed
Hello, over the next month I will be aiming to begin the process of buying my first house with the following: - Age 35 - Deposit: 55K + I will have 2K from HTB ISA - Salary: £19222 raising to £20K from this April, but I do have an annual £2000 'acting up allowance' for this calender year. This is due to heightened…
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Car allowance vs company car
Greetings! I should be shortly starting a job where I'll have the option of a company car or a quite generous car allowance. As part of the company policy, if you take the allowance you have to use it on a PCP lease and the car must meet certain requirements. My question is, on a mortgage application would it look better…
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Buying a property to rent, using a mortgage
I have recently moved to Spain, and will soon sell my home in the UK to purchase a new home for myself here. However I will have around £100,000 left over that I would like to invest, so am thinking to invest it in a 2nd property here in Spain. My idea is to buy a property for around £300,000, using some type of mortgage…
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Shared Ownership - Deposit
Dear all, I would like to have a place of my own and trying to find out which option is the best for me. Recently seen a Shared Ownership 3 bed flat with a 30% share which is £120,000. Full price is £400,000. I am currently receiving a salary of £1750 after tax but i always get overtime so around £2000 is possible most of…
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Remortgaging and including partner with adverse credit
Good evening all, First post here after some research on the forums and haven’t been able to find anything specific to my situation. I have outlined it below and any advice would greatly be received. My wife and I currently live in a house worth approx 320K, outstanding mortgage is 167K. We have 2 CC and 1 loan in her name…
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Mortgage Advice Needed
Hi All you might recognise the name - change to circumstance so advice needed please! We offered on a house 1st Feb at closing date which was accepted, a week later ours went up for sale and despite priced competitively we had little interest (3 viewers over the 6 week window and none were in a proceed-able position) Our…
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Advice needed
Hi We currently going though the mortgage process we can exchange on 1000 pounds new build we where meant to be getting a gift of 6000 but that has fell through we can save this ourselves in the time for our completion will this be a problem
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A bit of a conundrum. Help needed.
Hi, This is my conundrum. I bought a hse 17 years ago with my brother. The problem we have is that I am not on the deeds. We bought the house as an investment property. I was not considered for the mortgage as I had just started as a contractor through my own company. This was also advice given by the conveyancing…
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Renew mortgage
Hi, I wonder if you can advise please. We seem to be stuck between a rock and a hard place. We have a fixed rate on our mortgage that ends 31/08/2020, we are on under 2% apr. We are changing careers and hopefully moving to the south west. We would like to rent our property out whilst we find iur feet in our new careers and…
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New mortgage, or bridging loan?
Planning to buy a new house, although I already own one (no mortgage). Not sure what am going to do with current house, rent or sell. Need to move fast as new house is popular and will sell quickly. Have about 60% funds, so will need a loan/mortgage for the remainder (around £200k). Several deals around for discounted…
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Additional borrowing for extension
Hi, hoping for some advice. We have just about outgrown our house and are getting an extension, as the cost to move is too high and love our location. House is worth about £290k and we have just £50k mortgage, with £40k savings and looking at get another £50k. This is where gets a bit more complicated, unfortunately we…
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First time Buyer
Hello, Me and my boyfriend are looking to start saving for a deposit. before we start to save what do people suggest we do, the ISA`s or would i be best going to rent to buy scheme and saving in a standard account. Any opinions would be great
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Natwest asked for more proof of child benefit. Is this a good sign??
Our broker has said he is hoping to have an offer for us this week. Survey was yesterday full app went in on monday 18/03 natwest have come back to ask for one more bank statement to backup the child benefit payments. Why do we think? Is this good? They have advised that this is the only additional info they need "at this…
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Advice before going to the bank
Hi, I am considering buying the house next door to me and renting it out for a few years before hopefully (with the correct permissions) merge the two houses together. The advice i am looking for is this...... I fully own my house, i inherited it and have never had a mortgage, but don't have enough for the buy to let…
